“We recognize the challenges our small business customers face, finding the time and resources to effectively manage their money. With these enhancements to Cash Flow Insight, business owners can stay organized and focused, as well as manage and forecast cash flow to make strategic business decisions in one place online.”

Rather than having a desk full of unorganized paperwork, Cash Flow Insight uses a single online dashboard to display all of your interactions. PNC says Cash Flow Insight can sync with accounting software small businesses already use.

PNC says Cash Flow Insight can also speed up your receivables by creating invoices that your customers can pay online. The company says the tool can integrate agreed-upon terms you’ve reached with some customers on when those payments should be made. Cash Flow Insight creates an invoice with your business logo and sends it to your customer, who can make a payment right from the invoice.

Of course, just as important as the money coming into your business is the money going out. Cash Flow Insight is also designed to track the money leaving your business. PNC says the tool also allows your business to schedule payments — including recurring payments — as needed.

The tool is also designed to offer short and long term financial forecasts for your business based on is monitoring of your company’s cash flow. Here’s more detail on how the tool works:

Of course, to use this feature, you need to be a PNC customer. The bank is offering a free trial run to small businesses for their current and next two statement periods. Businesses using Business Enterprise Checking, Industry Solutions Checking or Retail Businesses Checking won’t be billed for the trial period. All these accounts include online banking features.

Afterward, there is a $10 per month fee to use the Payables, Receivables, and Accounting Software Sync features. There is also a per-transaction fee that is taken out monthly after the trial, according to PNC’s website.